OPENING THE DOORS TO MANAGE COMPLEX

FINANCIAL EVENTS, RISK AND VOLATILITY

WHO ARE WE FOCUS ON THE FUTURE
QuantInsti's 'Executive Programme in Algorithmic Trading'
QuantInsti is India's pioneer Algorithm Trading training institute
course is designed to provide high-level training for individuals
focused purely on preparing capital market professionals to the
working in, or intending to move into, derivatives, development,
emerging field of High-Frequency and Algorithmic Trading. With
quantitative trading or risk management. The program is built
the capital markets in India rapidly evolving towards the
around a fully examined core of three modules. The course
developed markets model, we foresee a disruptive change in the
covers all aspects of the theory and practice of quantitative
Indian landscape wherein exchange volumes to the tune of 70%
tools, products, and methods.
and above will be generated by High-Frequency Trading (HFT).
To prepare professionals for this impending transition, QuantInsti
will provide participants exposure to both the theoretical as well
as the practical aspects of HFT.

AN INTER-DISCIPLINARY
APPROACH
QuantInsti's flagship course is the 'Executive Programme in
Algorithmic Trading' which is a comprehensive course covering
all important aspects of Algorithmic Trading. Apart from detailed
theoretical essons, we provide our course participants in-house
proprietary tools and other globally renowned applications in a
simulated environment – course participants can design,
implement and test their strategies in such environments and
build on their learning in the class.
EXECUTIVE PROGRAMME IN
ALGORITHMIC TRADING

COURSE FLOW
Ä Introduction to Statistics & Quantitative Trading

Ä High Frequency Statistics & Econometrics

Ä Derivatives as to be seen by an Algorithmic Trader/Strategist

Ä Computational Finance for Algorithmic Trading

Ä Algorithmic Trading & High Frequency Modeling

Ä World of Algorithmic Trading

Ä An insight into the Algorithmic Trading Platform Architecture

Ä Algorithmic Trading Projects

Ä Algorithmic Trading Research Papers

Ä Create your own algorithmic trading strategies

Ä Execution Strategies: Moving beyond VWAP & TWAP

Ä Learn Back-testing your strategies in the scientific manner as a quant

Ä Adapting to different asset classes

Ä Benchmark your Trading System

Ä Latency Reduction techniques

Ä Optimizing your strategy code

Ä Incorporating the “technology arbitrage” (TBT, Colo, etc)

Ä Being the fastest

Ä Let the Algorithms trade for you.

FACULTY PROFILE
RB THARAKAN
Cambridge-Oxford-LSE educated RB
Tharakan is the Academy Director of Quant
Insti and Co-ordinator of the Flagship
Executive Programme in Algorithmic Trading.
He is the founding Operations Director for the
FinLab for Complex Events Process and is a
Researcher on the product group of Hedge
Funds. Additionally, he is an Algo Trading
Strategist for iRage Capital Advisory.
Tharakan started his career at Morgan
Stanley in New York as a product specialist in
Equity Derivatives: Futures and Options in
the role of an Associate for Sales and Trading,
further focusing on Multi-Asset Class
Quantitative Trading Strategies for Morgan
Stanley's specialist brokers. He was
employed with JPMorgan's Investment Bank
in London for Equity Capital Markets and
European Corporate Broking. To note, he
executed his first trade at the age of 11 in 1991
in the Indian Cash Equities Market.
Tharakan has undertaken some of the most
prolifically global apprenticeships with tier-
one leaders having worked for His Excellency
Kofi Annan, Secretary General of the UN
Secretariat and Lord Mark Malloch-Brown,
the Administrator of the UN Development
Programme (UNDP) and Vice-Chairman of
Soros Fund Management. Additionally, he
had worked for Edward Mortimer, Head of the
UN Communications Head and worked on
communication project and strategies in
partnership with Shashi Tharoor, UN Head for
Public Information (DPI).
Tharakan holds the record of being the first
Indian (in 2009) to have been educated at all
three of the British institutions: the London
School of Economics (LSE), Cambridge and
Oxford Universities. He has completed an
MSc in Economic Development from LSE, an
MPhil/MFin in Finance from the University of
Cambridge, an Advanced Diploma in
Computing from the University of Oxford.
Tharakan has held some of the most prolific
global positions, which include being the first
Indian to have been elected as President of
the 800-year old Cambridge University's main
Students' Union (2004) and has sat on
various committee boards of the University
(2004/2005). He was the first Indian to be
elected as President of the 505-year old
Christ's College (2004) and as well as its
Welfare and Equalities Officer (2003) for
diversity and equal opportunities.
Tharakan in his capacity for 'leadership' has
been described by the Dr. KM Bowkett,
Senior Tutor of the 505-year old Christ's
College and the former Head of Sciences at
the 570-year old Eton College in a letter to Dr.
Manmohan Singh, Prime Minister of India in
2005 as, "He speaks length about India, its
current situation and its future. Mr. Tharakan's
example of enterprise could give courage to
other Indian youths at this time when India is
entering into a period of demographic
advantage".
RAJIB RANJAN BORAH
Rajib is the co-Founder and Director of
iRageCapital Advisory Private Limited, where
he leads the firm's practice in the field of
Strategy development and Systems design.
Rajib brings to iRage an extensive
experience in capital markets encompassing
the entire flow of the business - ranging from
analytics, research, trading and trading-
related technology.
Prior to starting iRage, Rajib was an equity
derivatives market maker at Optiver,
Amsterdam. At Optiver, he also worked on
high frequency equity arbitrage strategies. As
a primary market maker, and a high frequency
trader, he was consistently amongst the
highest liquidity providers in equities & equity
derivatives in major European exchanges,
and in ADRs in US exchanges.
Before joining Optiver, Rajib was a strategy
consultant for Indian capital markets with
PricewaterhouseCoopers in Mumbai. In the
past, Rajib has interned with the Equity
Derivatives research team at Bloomberg in
New York, and with Solutia's strategy division
at its European HQ in Belgium. Prior to
pursuing his MBA, Rajib was part of the core
team which designed the concept of Data
Hub at Oracle Corporation - merging &
analyzing information from multiple sources.
A national Olympiad finalist, Rajib had
represented India at the World Puzzle
Championship. Rajib has a post graduate
degree in management from IIM Calcutta,
and a BE in Computer Engineering from NIT
Surathkal.
SHAURYA CHANDRA
Shaurya Chandra is a Director at
iRageCapital Advisory Private Ltd., leading
the firm's advisory practice in India on the
Research, Strategies Development and
Reisk Management. He has advised
extensively with core focus on the statistical
research strategy development backed by
rigorous back testing and setting up systems
& processes for risk management.
An area of specific focus for Shaurya has
been working with clients in Sell-Side Order
Execution Algorithms for leading brokerages.
His current areas of research are Statistical
Strategies and Rule Based Trading and
Optimal Execution Algorithms.
Earlier to iRageCapital, Shaurya comes with
experience at Bank of America, Edelweiss
Securities Ltd. and Systematix Stock &
Shares Ltd., where he worked as Derivative
and Quantitative Analyst focused on Indian
Equity markets.
Shaurya has a Post-Graduate Degree in
Management from Indian Institute of
Management, Ahmedabad and a B.Tech in
Electrical Engineering from Indian Institute of
Technology, Roorkee.
NITESH KHANDELWAL
Nitesh Khandelwal has acquired a wide set of
experiences in financial markets spanning
across various asset classes in different
roles. He co-founded iRageCapital Advisory
Private Limited, a trusted name in the space
of providing Algorithmic Trading technology
and strategy services in India. He leads the
business side for iRageCapital and
QuantInsti. At QuantInsti, he also heads the
department for training in derivatives & inter-
market studies.
He had prior experience in bank treasury (FX
& Interest rate domain) and in proprietary
trading desk. He did his Bachelors in
Technology in Electrical Engineering from IIT
Kanpur before doing his Post graduation in
Management from IIM Lucknow.
GAURAV RAIZADA
Gaurav Raizada is a Director at iRageCapital
Advisory Private Ltd., leads the firm's
advisory practice in India on the Systems,
Performance and Strategies. He has
consulted extensively with core focus on
strategy development and execution
including trading systems development,
latency reduction, optimization and
transaction cost analysis.
An area of specific focus for Gaurav has been
working with clients in high frequency trading-
proprietary desk, brokerages, and banks. His
current areas of research are High Frequency
Econometrics, Structured Products and
Transaction Cost Analysis.
Prior to iRageCapital, Gaurav worked with
Axis Bank as a Forex-Interest Rates
Derivatives Trader. He also worked as a
Performance Engineer at Veritas Software,
where he was a specialist in Optimization.
Gaurav has a post graduate degree in
management from Indian Institute of
Management, Lucknow and a B.Tech in
Chemical Engineering from Indian Institute of
Technology, Kanpur.
FACULTY PROFILE
ANIL YADAV
Anil Yadav is a member of the algo strategy
advisory team at iRage Capital and is
responsible for building and benchmarking
strategies for the clients across various asset
classes.
Prior to iRage, Anil has worked as an
independent commodities trader managing a
portfolio of metals and energy products. He
has also worked as a Senior Analyst at The
Chatterjee Group's (TCG) Private Equity fund
and as Convertible Analyst at Lehman
Brothers.
Anil holds a Post-graduate diploma in
Management from Indian Institute of
Management, Lucknow and B.Tech in
Mechanical Engineering from Indian Institute
of Technology, Kanpur.
P. SUNEETH REDDY SAMEER KUMAR
Suneeth is an expert in the fields of Sameer has graduated from BITS Pilani with
evolutionary algorithms and unconventional a Masters in Economics and Information
models of computing. During his bachelors Systems. He started his career with Yahoo!
program in Computer Science at IIT Madras, where he gained expertise in technical
Suneeth was involved with some path architecture, design and development of
breaking research in protein computing and highly scalable systems.
DNA computing. His work has been
presented at 'Symposium of Unconventional A C++ and Perl specialist with broad
Models of Computing'. understanding of economics and market
dynamics, he now designs and builds
He then went on to work with Yahoo R&D financial strategies with built-in intelligence.
where he designed some really large scalable
platforms. He also has two patent
applications pending. Prior to iRageCapital,
he was with Lime group and played a key role
in developing Lime's core infrastructure and
platforms.
Suneeth holds a highly developed technical
expertise especially in the fields of algorithms
and high performance architectures.

ADVANTAGE QUANTINSTI PRE-APPLICATION STEPS AND

High frequency and Algorithmic trading domain is one of the
most lucrative career choices in the contemporary financial
markets. Introduction of Algorithmic Trading in India in 2008
changed the face of the trading as well as the nature of skill set
required to become a successful trader. QuantInsti aims to
provide critical competitive edge to its participants through its
skillfully designed programs, which not just help them
understand the basics but to become a domain expert. After
successful completion of the course, participants should be
conceptually comfortable with the following:
Ø Managing High Frequency Data and building
econometric models
Ø Learn how to back-test, implement and trade advance
quantitative strategies
Ø Furnish your programming skills to build low latency
trading strategies
Ø Using statistical packages and integrating them to your
trading system
Ø Using Option pricing models for running volatility books
and make markets
Ø Hands on experience with advance algorithmic trading
platforms
REQUIREMENTS
Each participant who is accepted on the course has a high level
of intellectual curiosity, a strong interest in finance, and strong
analytical skills. Although there is no specific degree
requirement, most participants will have backgrounds in
quantitative disciplines such as mathematics, statistics, the
physical sciences, engineering, operations research, computer
science, finance, or economics. Master of Business
Administration participants should also have familiarity with
calculus, spreadsheets and computational problem solving.
PRE-COURSE COUNSELING AND INFORMATION
SESSIONS
Counseling Session:
These sessions will extensively be focused on understanding
the strengths and weak areas of the participants. These
sessions will not decide the participants' eligibility for enrolling
for the course but will help the counselors concentrate on the
informed guidance for them before they enroll.
Information Session:
Once the counseling sessions are through the participants will
have an Information Session so that they can have a clear idea
of what they are going to get out of the course. Similarly any
queries or difficulties about the class will be sorted in this
session.
 OUR ASSOCIATES

IRAGECAPITAL ADVISORY PVT. LTD. KREDENT ACADEMY

QuantInsti is a venture by iRageCapital Advisory – an advisory Kredent Academy is a unique concept where industry
firm working on a unique concept of assisting proprietary professionals have taken the onus of creating a strong
trading firms & institutional desks in setting up and maintaining knowledge bank. By sharing such real-life professional
their algorithmic trading desks. experience, Kredent Academy aims to provide a very practical
mode of imparting training.
iRageCapital provides the complete spectrum of services
related to high frequency and algorithmic trading– ranging from To know more visit: www.kredentacademy.com
setting up the technology infrastructure, designing the systems
architecture and helping in designing trading strategies. By
providing efficient solutions and within strict time constraints,
iRageCapital has built a strong reputation of reliability and
impeccability.

In view of the rapid changes in this industry, iRageCapital aims

to help clients make this unavoidable transition to algorithmic
trading and be an early entrant into this potential domain. To
achieve this, we not only advise clients on technology, but we
also provide strategy advisory services on how to adopt their
trading ideas as per high-frequency trading constraints -
thereby assisting for their continued profitable trading
operations in the future.

To know more please visit our website at:

www.iragecapital.com

CONTACT US:
Administrator and Operations Coordinator
812-813, Corporate Avenue,
Sonawala Cross lane, Near Udyog Bhavan,
Goregaon (East)
Mumbai – 400 063.
Phone No: +91-22-4272 1700/ +91 9167 270 272